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?Whiz juniors 2017 discovers India's top 15 tech genius

Opportunity India Desk Sep 29, 2017 - 3 min read

At a ceremony in Mumbai, 75 tech whiz kids from all over India, who were felicitated for winning awards in a competition, had gathered. 'WHIZ Juniors 2017, one of the biggest Online Technology Competitions, was a pan-India contest organized by the Mumbai-based Clone Futura.The winners who received awards are Soham Pednekar, Aadity Punatar, Abhrajit Gogoi ...

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Eros Now will leverage Micromax's presence over 150,000 retail outlets

Opportunity India Desk Sep 29, 2017 - 1 min read

Micromax, the domestic smart phone maker announced its partnership with Eros International's digital platform Eros Now.The brand said that they are working towards the building its services portfolio to offer convenience and exceptional digital experience to its consumers. With this partnership, the Eros Now app will be pre-installed into Micromax's latest smart phones. Eros Now ...

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LeEco eyes 50% sales from brick and mortar model

Opportunity India Desk Sep 29, 2017 - 2 min read

After Motorola, Xiaomi and Yu, Chinese Internet major LeEco is now taking the offline route and expects about 50 per cent of its sales to come from brick-and-mortar retail in the next one year.The brand, which forayed into the Indian market in January this year with ecommerce major Flipkart, plans to be present across about ...

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Gionee targets Rs 8,000 cr revenue this fiscal

Opportunity India Desk Sep 29, 2017 - 2 min read

Gionee, Chinese handset is shifting its strategy by building a portfolio of phones to cater to local consumers and will spend aggressively on marketing in a bid to grow its revenue to Rs 8000 crore in revenue for this fiscal year than the Rs3,000 crore last year.On the same note, Arvind Vohra, Gionee's Head of ...

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Why Lenovo relies on franchising?

Opportunity India Desk Sep 29, 2017 - 3 min read

Lenovo is not keen on applying for single brand retail licence and will rely on its network of more than 900 franchise stores to sell its products in India, said a top executive of the PC and smart phone maker, reported ET. A licence for single brand retail will allow the Chinese company to open ...

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LeEco eyes on 500 franchise stores in India

Opportunity India Desk Sep 29, 2017 - 2 min read

LeEco, a Chinese internet company and handset-maker has filed an application with the Foreign Investment Promotion Board (FIPB) for opening exclusive stores in the country to sell its electronic products both through brick and mortar stores and e-commerce portal.“India is a key market for LeEco and we plan to significantly invest in setting up our ...

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Dixon Technologies to make Gionee smart phones

Opportunity India Desk Sep 29, 2017 - 1 min read

Noida- based, Dixon Technologies, is set to start making 3G and 4G smart phones for Gionee from May, becoming the second contract manufacturer after Foxconn to take up local production for the Chinese smart phone maker in India, reported ET.Dixon will locally start manufacturing Gionee's 'P' series of 3G and 4G phones from next month ...

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?Huawei to start single brand retail and local manufacturing

Opportunity India Desk Sep 29, 2017 - 1 min read

China- based smartphone producer, Huawei is considering applying for single-brand retail licence in India and starting local manufacturing, reports ET. The move is aimed at deepening its footprint in the world's fastest growing market for handsets.If it does apply, Huawei will be the third brand after Apple and Xiaomi to take this retail route. "We ...

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Gionee to have 250 stores by December 2017

Opportunity India Desk Sep 29, 2017 - 2 min read

Gionee, a Chinese manufacturer of mobile phones is all set to increase the number of franchise outlets to 100 by March and 250 by December. The brand has partnered with the leading retail players; the handsets will be available across 1000 plus stores aiming to sell 35000 plus additional devices every month. Gionee has been ...

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Canon to attain 10% growth in India by 2016

Opportunity India Desk Sep 29, 2017 - 1 min read

Canon, Japanese tech giant looks to achieve 10 % revenue growth by the end of this year in India, buoyed by strong uptake of its commercial printers and imaging products.The company, which posted a six per cent rise in revenues to Rs 2,158 crore last year, is also looking to expand its retail presence aggressively ...

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